Finance minister Enoch Godongwana’s medium-term budget policy statement on Thursday — which emphasised fiscal restraint despite building spending risks — was met with cautious optimism and may have an outside chance of stabilising SA’s credit ratings outlooks, according to economists.
Godongwana’s budget painted an improved fiscal picture as a better-than-expected growth recovery, a commodities surge that temporarily boosted revenues and the revision of GDP numbers all conspired to reduce the harrowing budget deficits and debt levels expected at the same time last year. ..
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Johnson Matthey shares plunge as firm exits battery materials businessCompany also announces departure of CEO Robert MacLeod, who will be replaced by Liam Condon from Bayer
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »
MARKET WRAP: JSE, rand and bonds all smiles after Godongwana’s budgetFinance minister’s commitment to fiscal consolidation heartens investors, though the economy remains at risk
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »